How Your Accountant Can Help You Manage Investments

Manage Investments

Accountants aren’t just there to crunch numbers and help keep you on sure footing when the clock strikes “tax time”. A good accountant is also an adviser, a strategist, a fount of financial wisdom. If you need help to manage investments, there’s no one better to talk to than these savvy experts.

At Hacker Accounting, we love helping our clients manage their investments and improve their financial futures. Here’s how an accountant can help you manage investments.

Related: 3 Tips On Finding The Right Accountant

Credit Rating

One of the ways that your accountant can help you with your finances is your credit rating. They can teach you how to improve your credit rating. It’s hard to make solid investments and maintain them when you have poor credit. Accountants know that there are all kinds of things you can do to boost your credit, and not all of them are common knowledge.

Tax Law

Tax law is a dynamic and ever-changing force in our financial lives. Keeping up with all the changes and nuances can be tricky, even for professionals in finance. An accountant can let you know when changes in your tax status or in the laws could have an impact on your investments, and the best way you can mitigate those changes and make them work to your advantage.

Debt Management

It can be difficult to devote enough time and resources to bolstering your investments and taking financial risks when you’ve got a mountain of debt to climb over. A great accountant can help you overcome your debt by giving you financial advice and creating strategies that will help you pay that debt off as quickly as possible.

Portfolio Analysis

Your accountant can look over your investment portfolio and give you a thorough and informative analysis of where your finances are at and where they should be going. They can let you know if you’re about to make an investment that will overwhelm your finances, and encourage you to take risks that will pay off if your portfolio supports it. They can give you a comprehensive understanding of your spending habits, your savings, and how both these types of behavior can inform and potentially enhance your investments.

Meet Your Goals

Your accountant is someone you can confide in, a trustworthy adviser who you can trust with your goals and ambitions. Letting someone know what you want to do with your money and where you hope to be in the future means that you have someone who can help keep you accountable. They can let you know when you’re making decisions that could endanger your goals, and encourage you to make investments and save funds to help you achieve those dreams. A great accountant will keep you on track.

Related: How Your Tax Return Can Help You Save Money

Looking for the right accountant to help you manage investments? Look no further! Give Hacker Accounting a call at 602-375-5251.

Chris Hacker
Chris has been working in the bookkeeping and accounting field for over 15 years preparing business, income and payroll taxes. Chris has a bachelor’s degree from Arizona State and is an Enrolled Agent with the Internal Revenue Service.